Genesee & Wyoming Inc (NYSE:GWR) Shares Acquired by California Public Employees Retirement System

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California Public Employees Retirement System lifted its holdings in shares of Genesee & Wyoming Inc (NYSE:GWR) by 13.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 137,280 shares of the transportation company’s stock after purchasing an additional 16,345 shares during the quarter. California Public Employees Retirement System owned about 0.24% of Genesee & Wyoming worth $15,171,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. UBS Group AG boosted its holdings in Genesee & Wyoming by 11.3% in the second quarter. UBS Group AG now owns 2,366,118 shares of the transportation company’s stock valued at $236,612,000 after acquiring an additional 240,990 shares during the last quarter. Farallon Capital Management LLC acquired a new position in Genesee & Wyoming in the second quarter valued at $77,500,000. Invesco Ltd. boosted its holdings in Genesee & Wyoming by 207.9% in the second quarter. Invesco Ltd. now owns 756,395 shares of the transportation company’s stock valued at $75,639,000 after acquiring an additional 510,698 shares during the last quarter. DF Dent & Co. Inc. boosted its holdings in Genesee & Wyoming by 1.8% in the second quarter. DF Dent & Co. Inc. now owns 681,885 shares of the transportation company’s stock valued at $68,188,000 after acquiring an additional 11,745 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in Genesee & Wyoming by 0.4% in the second quarter. Bank of New York Mellon Corp now owns 648,129 shares of the transportation company’s stock valued at $64,814,000 after acquiring an additional 2,468 shares during the last quarter. Institutional investors and hedge funds own 93.24% of the company’s stock.

Shares of Genesee & Wyoming stock opened at $111.34 on Friday. Genesee & Wyoming Inc has a twelve month low of $68.27 and a twelve month high of $111.54. The stock has a market capitalization of $6.33 billion, a P/E ratio of 28.92 and a beta of 1.34. The company has a current ratio of 1.09, a quick ratio of 0.99 and a debt-to-equity ratio of 0.62. The business’s fifty day moving average price is $110.83 and its 200 day moving average price is $103.99.

Genesee & Wyoming (NYSE:GWR) last issued its earnings results on Wednesday, August 7th. The transportation company reported $1.03 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.07 by ($0.04). Genesee & Wyoming had a net margin of 9.33% and a return on equity of 6.41%. The firm had revenue of $571.48 million during the quarter, compared to analyst estimates of $594.19 million. As a group, sell-side analysts predict that Genesee & Wyoming Inc will post 4.31 EPS for the current year.

In related news, insider John C. Hellmann sold 23,469 shares of Genesee & Wyoming stock in a transaction on Monday, August 19th. The stock was sold at an average price of $110.00, for a total value of $2,581,590.00. Following the transaction, the insider now owns 445,316 shares in the company, valued at $48,984,760. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.72% of the stock is currently owned by company insiders.

Separately, ValuEngine cut Genesee & Wyoming from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company’s stock. Genesee & Wyoming currently has an average rating of “Hold” and an average price target of $102.81.

Genesee & Wyoming Profile

Genesee & Wyoming Inc owns and leases freight railroads. It operates through three segments: North American Operations, Australian Operations, and U.K./European Operations. The company transports various commodities, including agricultural products, autos and auto parts, chemicals and plastics, coal and coke, food and kindred products, lumber and forest products, metallic ores, metals, minerals and stone, petroleum products, pulp and paper, waste, and other commodities.

See Also: Buy-Side Analysts

Institutional Ownership by Quarter for Genesee & Wyoming (NYSE:GWR)

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